The global butadiene market, along with its end products, has witnessed a linear growth in the past few years and this growth is estimated to increase in the coming years. Butadiene is obtained as a by-product from ethylene and propylene manufacturing by selective distillation of cracked naphtha or gas oil stream. It is a colourless, flammable gas; soluble in ether and alcohol but insoluble in water. It can be polymerised very easily in presence of oxygen. Butadiene is one of the basic chemicals used in the chemical industry. Also, it is used as a raw material for automobile tires, engineering polymers, and latex products.

The butadiene market is experiencing enormous growth which is expected to continue in the near future, mainly driven by the highly growing countries such as China, South Koea, Japan, and India. Theapplication segments inluding SBR, and PBR, which are used as a raw material by tire industry, has witnessed large growth in past few years, and is expected to grow in the coming years. Considerable amount of investments are made by various market players to serve the end-user applications industry in the future. Asia-Pacific is the largest butadiene market that accounted for a share of 52% in 2014. The region is further expected to show a high growth in the future, mainly due to the high growth potential of the automotive market in the Chian and South Korea.

The PBR segment is the largest application segment having accounted for a share of 29% in 2014 Followed by the SBR segment.

Factors, such as rapid growth of the automotive industry; and increasing demand for the electronics and household appliances are driving the Asia-Pacific butadiene market..

This study basically aims to estimate the Asia-Pacific butadiene market for forecast period of 2014 to 2019. This market research study provides a detailed qualitative and quantitative analysis of the Asia-Pacific butadiene market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases were used. The primary sources, such as experts from related industries and suppliers wereinterviewed to obtain and verify critical information as well as to assess the future prospects of butadiene.

Competitive scenarios of the top players in the butadiene market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. Companies, such as are Formosa Petrochemical Corporation (Taiwan), CPC Corporation (Taiwan), Lotte Chemical Corporation (South Korea), JSR Corporation (Japan), Kumho Petrochemical Co., Ltd. (Korea), Jilin Xingyun Chemical Co. Ltd (China).

Scope of the report:

This research report categorizes the Asia-Pacific market for butadiene on the basis of applications, end-user industries, and geography along with forecasting volume, value, and analyzing trends in each of the submarkets.

On the basis of applications:

SBR (Styrene Butadiene Rubber)

PBR (Poly Butadiene Rubber)

ABS (Acrylenitrile Butadiene Styrene)

SB Latex (Styrene Butadiene Latex)

NR (Nitrile Rubber)

Each application is described in detail in the report with volume and revenue forecasts for each application.

Butadiene or 1, 3-Butadiene is a basic petrochemical which is majorly produced as a by-product while manufacturing ethylene and propylene. Its main application segments include manufacturing of Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Acrylonitrile Butadiene Styrene Resins (ABS), Styrene Butadiene Latex (SB Latex), Adiponitrile, and Nitrile Rubber (NR).

The Asia-Pacific butadiene market was valued $10,414.5 million in 2014, and is expected to reach $14,918.3 million by 2019, at a CAGR of 7.5%. Rapid growth of the tire industry in the region is contributing to the growth of the butadiene market in Asia-Pacific. China accounts the largest market share in the Asia-Pacific butadiene market. The increasing industrialization has driven the demand for butadiene.

Based on the application, The PBR segment is the largest consumer of butadiene in Asia-Pacific. It accounted for a share of 29.0% in 2014.

PBR is the mostly used as a raw material for the production of tire. Hence, the increasing demand for tire drives the demand for SBR. SBR is the second largest consumer of butadiene, followed by ABS and SB Latex.

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